Archives: Current Affair

Why in News? Thousands of demonstrators have recently gathered in Argentina’s capital Buenos Aires and in cities across the country to protest President Javier Milei’s speech at the World Economic Forum in Davos last week, during which he slammed ‘wokeism,’ feminism and other progressive ideals. Wokeism refers to a social and cultural movement that emphasizes […]

Public Sector Banks will develop a ‘Grameen Credit Score’ framework to empower self-help groups (SHGs) and rural borrowers About Grameen Credit Score: Objective and Purpose: Main Objective: To simplify access to financial services and loans for rural borrowers. Empowerment of Self-Help Groups (SHGs): The system aims to help self-help groups (SHGs) and rural borrowers, who […]

National Manufacturing Mission Launched: Goal: Strengthen domestic manufacturing and reduce import dependence in critical sectors. Focus Areas: Solar PV cells, EV batteries, wind turbines, high-voltage transmission equipment, and grid-scale batteries. Coverage: Small, medium, and large industries; support for investment, execution plans, and monitoring framework. Support for Clean Energy & Electric Mobility: Policy Support: Aims to […]

 Why in News ? In a significant development for Northeast India, Tripura has become the first state to adopt artificial intelligence (AI) for greater digital inclusion by implementing advanced text-to-speech technology as part of the BHASHINI initiative, according to recent government announcements. About the BHASHINI Platform: BHASHINI (BHASHa INterface for India) is an AI-powered language […]

The Waigani Convention is an international agreement aimed at protecting the environment of the South Pacific region from hazardous and radioactive waste. It focuses on minimizing and controlling the transboundary movement of such waste to safeguard human health and the environment. Key Highlights of the Waigani Convention: Full Name The Waigani Convention is officially titled […]

Why in News ? The Deputy Commissioner has recently instructed the officials to expedite implementation of PM-JANMAN in Mysuru. Key Points  About PM JANMAN: the Ministry of Tribal Affairs has brought to light the ambitious Pradhan Mantri-Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN) Scheme in 2023. PM JANMAN is a government scheme that aims to bring tribal communities […]

 Why in news ? The Household Consumption Expenditure Survey (HCES) 2023-24, released by the Ministry of Statistics and Programme Implementation (MoSPI), provides critical insights into the consumption patterns, inequality, and urban-rural differences in India. Below are the highlights of the findings: Key Trends Average Monthly Per Capita Consumption Expenditure (MPCE): Rural India: ₹4,122 (without imputed […]

Why in News ?  the term was recently used in an article. About  Experimental Advanced Superconducting Tokamak (EAST) : It is a significant research facility for nuclear fusion research located in China. It is a part of the country’s efforts to develop sustainable, clean energy through nuclear fusion, which is the process of fusing atomic […]

The National Policy Framework on Agricultural Marketing (NPFAM) is a government initiative designed to enhance and modernize agricultural marketing in India. It aims to create a conducive environment for efficient, competitive, and transparent agricultural markets, ensuring better returns for farmers and reducing the supply chain inefficiencies. The key objectives and features of NPFAM are: Key Objectives of […]

Why in news ? The government introduced the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), announced in the FY25 Budget. Objective: To provide credit guarantee coverage for loans up to ₹100 crore to eligible MSMEs for procuring equipment and machinery. Guarantee Coverage: The scheme offers 60% guarantee coverage by the National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions […]